What's the Best Way to Collect Rent? Efficient Rent Collection Methods for Houston, TX Landlords

By Michael Mengden Friday, June 7, 2024

According to census data, nearly 60% of Houston households are renter-occupied.If you're a property owner in Houston, this is great news. Having a large pool of renters to choose from is important for your bottom line. Once you secure a great tenant, however, you need to keep...

The Power of Owner Statements: Using Data to Make Decisions

By Michael Mengden Tuesday, May 21, 2024

As a property manager, you might not know that the secret to financial clarity often lies hidden in plain sight within your owner statements. But how?Today we're diving into how to unlock the potential of your owner statements, turning raw numbers into actionable insights.Und...

How to Scale With Real Estate Asset Management in Houston, Texas

By Michael Mengden Tuesday, May 7, 2024

You're a real estate investor in Houston, and you're looking to transform an ordinary property portfolio into a robust source of wealth. What can you do?One great answer is effective real estate asset management!Today we're taking a look at some practical strategies t...

The Landlord's Guide to Types of Service Dogs in Texas Disability Law

By Michael Mengden Sunday, April 21, 2024

How many owners would say they couldn't live without your pet?There are cases where that gets more literal. Disabilities make it difficult to go through daily life without the help of a furry hero.Read on to learn the types of service dogs or other assistance animals a landlo...

Making Smarter Decisions With Accurate Owner Statements and Reporting

By Michael Mengden Sunday, April 7, 2024

As one of the USA's largest cities, Houston, TX, is a popular choice for real estate investors wanting to profit from residential rentals. The city boasts a growing population thanks to its strong economy and abundant employment opportunities.This can mean excellent returns f...

How to Get Started as a Real Estate Investor in Houston, TX

By Michael Mengden Thursday, March 21, 2024

You're strolling down the bustling streets of Houston, Texas, with its towering skyscrapers, vibrant cultural scene, and that undeniable southern charm lingering in the air.As you pass by rows of charming bungalows, sleek condos, and sprawling estates, a thought crosses your ...

3 Tips for Effective Property Maintenance in Houston, TX

By Michael Mengden Thursday, March 7, 2024

Most tenants in Texas spend around 30% of their income on rent. That's a significant cost each month on only one expense.As a landlord, you probably realize how costly rent is for your tenants. Because of this, you should provide well-cared-for properties. The best way to do ...

A Quick Guide to Understanding Rental Property Tax Statements and 1099s

By Michael Mengden Wednesday, February 21, 2024

It's almost time to file your taxes this year. If you are a new property owner, this time of year can be scary.As a Houston, Texas, property owner, filing taxes and qualifying for deductions are tasks you need to get used to. Understanding tax statements and 1099s can help yo...

How to Conduct a Rental Valuation: 3 Strategies That Work

By Michael Mengden Wednesday, February 7, 2024

Real estate is often a great investment, and there are various approaches you can take. For example, many investors purchase rental properties that can help them generate a recurring income.This can involve a lot of work, and if you do things right, you can effectively maximize y...

Rental Property Management: Do Property Managers Pay for Repairs in Houston, TX?

By Michael Mengden Sunday, January 21, 2024

It's vital to know that the average property owner spends about $3,000 on maintenance every year.Owning a rental property may or may not be more expensive to maintain than your own home, depending on your tenants. One of the common concerns for landlords and tenants alike is ...